This couldn’t go unmentioned:
Basho Technologies, a data storage and management software startup serving the enterprise market, this morning announced that it has raised $7.5 million in Series D funding.
In addition, Basho announced that its board of directors has named Donald J. Rippert, long time CTO of Accenture, as the company’s new president and chief executive officer.
Couple of comments:
- I couldn’t figure out if this is a completely new financing round than the $7.5mil. announced in February
- The new CEO has been responsible for two main areas back at Accenture: the technology consulting organization and the research and development organization. That basically means a good perspective on the industry and lots of connections, but also knowledge of product development.
Original title and link: Basho: New Financing, New CEO ( ©myNoSQL)